The passenger vehicle market may be slowing, but Maruti Suzuki's Swift Dzire sedan and Swift hatchback, Mahindra & Mahindra's utility vehicle Xylo and Hyundai's i20 have long waiting lists that have their manufacturers struggling to increase production.
Xylo, the multi-utility vehicle (base model is priced Rs 6.48 lakh (Rs 6,48,000) ex-showroom, Delhi) that was launched in January this year, has a waiting period of over two months.
Despite M&M raising prices by Rs 10,000 to Rs 12,000 about a month ago, sales have not been dented, say company executives.
Text: Swaraj Baggonkar and Surajeet Das Gupta
Image: Mahindra Xylo.
Also read: Satyam's top clients are delighted: Karnik
Powered by 
| Live updates on money.rediff.com |
|
Advertisement